A good cup o’ joe is often necessary to get your day going — but it can also supercharge the risk-capital portion of your portfolio. I’m talking about Dutch Bros (BROS), one of the core competitors within the drive-thru beverage market. While it may be a crowd favorite, BROS stock unfortunately hasn’t lived up to the billing for investors, carrying an 88% Strong Sell technical opinion rating.
It looks ugly at the moment, there’s no denying that. In the trailing month, BROS stock is down 21%. On a year-to-date basis, the ticker has shed 37% of value. Still, it might be a mistake to ignore the name simply because of its poor technical performance.
